New York, New York – January 14, 2008 – MAGENSA™,
a Hosted ASP providing credential authentication
services and card authentication hardware devices
for secure online banking and e-commerce
applications, announces that its MagneSafe Secure
Magstripe Readers (MSR’s) will be compatible with
the latest ARTS UnifiedPOS 1.12 specification to be
unveiled at the NRF Convention and Expo, January
14th – 15th at the Javits Convention Center in New
York City.
MAGENSA’s MagneSafe Secure MSR devices represent
the next-generation card reading technology,
providing Retailers the ability to encrypt and
authenticate magnetic stripe card data as it is
processed at POS locations. These capabilities meet
the recommendations of PCI-DSS to protect cardholder
data, and can be implemented at traditional retail
POS locations and e-commerce payment applications
for online consumers.
The ARTS (Association for Retail Technology
Standards) UnifiedPOS 1.12 specification is an open
standard platform that provides POS software
application developers with a standardized API for
communicating with common POS hardware peripherals.
ARTS has recently adopted support for a new category
of magstripe card readers known as "Secure MSR’s",
which includes MAGENSA’s MagneSafe Secure MSR’s.
"MAGENSA applauds the ARTS council for their
leadership and vision in supporting and including
Secure MSR technology at POS in their latest UPOS
1.12 specification. Secure MSR’s will provide
immediate security benefits to retailers and
consumers by protecting the cardholder data from the
moment a card is read at the POS. This platform will
provide a simplified integration path for retailers
looking to upgrade their POS systems to meet the
PCI-DSS guidelines", says Larry Meyers, Business
Development Manager, MAGENSA, LLC. "Additionally,
this specification will provide a pathway for the
adoption of advanced card authentication
technologies such a MagnePrint™, which can detect
and prevent the use of counterfeit cards, provide
multifactor authentication for secure access to
online accounts, and provide "authentic card
present" data for secure e-commerce payments,"
concluded Mr. Meyers.
MAGENSA is a licensee of MagnePrint® and
MagneScore™ technologies from MagTek®, Inc. To learn
more about this powerful authentication technology,
please visit us at the NRF Convention and Expo at
Booth #2937.